Upwork Inc. (UPWK) Stock

About Upwork Inc.

Upwork Inc. is led by CEO Hayden Brown, employs 600 people, headquartered in US, publicly traded since 2018.

Upwork Inc. (UPWK) stock trades at $9.48 with a market capitalization of $1.18B. The stock is valued at a price-to-earnings (P/E) ratio of 10.20, price-to-book of 1.65, price-to-sales of 1.28. Over the past 52 weeks the stock has ranged between $7.44 and $22.84, and currently trades 58.5% below its 52-week high.

On profitability, Upwork Inc. generates a return on equity (ROE) of 16.70%, above the typical market range of roughly 12-15%, return on capital employed of 18.69%, an operating margin of 15.60%, a net profit margin of 12.93%.

Upwork Inc. by the numbers, 2016–2025

Between 2016 and 2025 Upwork Inc. reported revenue of $164.0M rising to $788.0M, a change of +380.5% across 10 years. Compounded, revenue has grown 16.1% a year over five years, 8.4% over three, 2.5% over the last twelve months. Net profit rose to $115.0M.

Operating margin went from -8.8% in 2016 to 16.4% in 2025, a gain of 25.2 percentage points. The most recent net margin is 12.93%. On a trailing twelve-month basis to Jun '26, revenue is $787.0M and net profit $101.0M.

Borrowings rose from $17.0M to $381.0M, cash from operations was $248.0M in the latest year, positive in 9 of the last 10.

Return on equity has averaged 2.1% over five years, and was 18.3% in the most recent year.

The share price itself has compounded at -26.1% a year over five years, 1.4% over three, -52.0% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Upwork Inc. (UPWK) — frequently asked questions